Tickmill is a globally recognised forex and CFD broker founded in 2014 and headquartered in Victoria, Seychelles. Over the past decade, it has grown into a multi-entity operation serving retail and institutional traders across more than 100 countries. It is regulated by several authorities, including the FCA in the United Kingdom, CySEC in Cyprus, the FSCA in South Africa, the FSA in Seychelles, and Labuan FSA in Malaysia. Its worldwide client base spans Europe, Asia, Africa, the Middle East, and Latin America, making it a genuinely international broker rather than a country-specific brand.
Tickmill's main appeal is its low-cost trading model. The Raw ECN account offers spreads from 0.0 pips with a small commission, while the Classic account keeps things simple with no commission and competitive spreads. This pricing structure attracts scalpers, day traders, and algorithmic systems. The broker relies on the trusted MetaTrader 4 and MetaTrader 5 platforms, avoiding proprietary or niche interfaces. It does not offer copy trading or cTrader support, but that does not diminish the core trading experience for most users. Tickmill has earned solid reviews for fast execution, transparent pricing, and responsive support. Its overall score of 3.3/5 in our review reflects a dependable, no-nonsense broker that prioritises price efficiency over product breadth and innovation.
| Detail | Information |
|---|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Regulated by | FCA,CySEC,FSCA,FSA,LFSA |
| Min Deposit | $100 |
| Max Leverage | 1000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $2.00 | $2.10 | 1.60 pips |
| XAU/USD | 0.18 pips | $2.00 | $2.18 | 0.25 pips |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Tickmill offers a genuine swap-free Islamic account for traders who respect Sharia law. It is available on both the Classic and Raw ECN accounts, and no interest or rollover fees are applied to positions held overnight. Unlike some brokers, Tickmill does not charge a hidden administrative fee for maintaining an Islamic account, and the spreads and commissions remain exactly the same as on standard accounts.
To open an Islamic account, clients simply register and then contact Tickmill support via email or live chat. The swap-free status is usually applied within 24 hours after account verification. The Islamic account covers all available forex pairs, metals, indices, and crypto CFDs, allowing traders to maintain their religious principles without sacrificing trading flexibility.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.18 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Tickmill (current) | $100 | 0.10 pips | Yes | No | 3.3 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Tickmill is a dependable, cost-effective broker that delivers low spreads, fast execution, and a clean MT4/MT5 experience. It is particularly well suited to forex and CFD traders who prioritise trading costs over extra features such as copy trading or a proprietary platform. Active day traders and scalpers will appreciate the Raw ECN account's pricing, while beginners can benefit from the low minimum deposit and the quality educational content.
On the other hand, the broker may not be ideal for traders who want a huge variety of tradeable assets or who rely on third-party platforms like TradingView. The multi-entity regulatory structure also means investor protection depends on where the trader is onboarded. The 3.3/5 rating in our review reflects Tickmill's strong pricing and regulatory background but acknowledges its limitations in platform variety and product breadth. For a trader who wants no hidden fees, solid execution, and reliable support, Tickmill remains one of the better choices in the global brokerage space.